C retweeted
We are pleased to announce that we have secured an allocation to the SK hynix ADR IPO on behalf of the Roundhill Memory ETF $DRAM.
Learn about top holdings and more: roundhillinvestments.com/etf…
$DRAM $SKHYV
C retweeted
我写了本书《文明:关于秩序、自由与人类实验的思考》。这是一本包含了发展心理学、制度经济学、政治哲学、历史学以及前沿科技(AI与区块链)的缝合怪,内容极度政治不正确,可能引起不适,不建议阅读:github.com/haipome/WenMing
C retweeted
Now, the quantum resistance roadmap.
Today, four things in Ethereum are quantum-vulnerable:
* consensus-layer BLS signatures
* data availability (KZG commitments+proofs)
* EOA signatures (ECDSA)
* Application-layer ZK proofs (KZG or groth16)
We can tackle these step by step:
## Consensus-layer signatures
Lean consensus includes fully replacing BLS signatures with hash-based signatures (some variant of Winternitz), and using STARKs to do aggregation.
Before lean finality, we stand a good chance of getting the Lean available chain. This also involves hash-based signatures, but there are much fewer signatures (eg. 256-1024 per slot), so we do not need STARKs for aggregation.
One important thing upstream of this is choosing the hash function. This may be "Ethereum's last hash function", so it's important to choose wisely. Conventional hashes are too slow, and the most aggressive forms of Poseidon have taken hits on their security analysis recently. Likely options are:
* Poseidon2 plus extra rounds, potentially non-arithmetic layers (eg. Monolith) mixed in
* Poseidon1 (the older version of Poseidon, not vulnerable to any of the recent attacks on Poseidon2, but 2x slower)
* BLAKE3 or similar (take the most efficient conventional hash we know)
## Data availability
Today, we rely pretty heavily on KZG for erasure coding. We could move to STARKs, but this has two problems:
1. If we want to do 2D DAS, then our current setup for this relies on the "linearity" property of KZG commitments; with STARKs we don't have that. However, our current thinking is that it should be sufficient given our scale targets to just max out 1D DAS (ie. PeerDAS). Ethereum is taking a more conservative posture, it's not trying to be a high-scale data layer for the world.
2. We need proofs that erasure coded blobs are correctly constructed. KZG does this "for free". STARKs can substitute, but a STARK is ... bigger than a blob. So you need recursive starks (though there's also alternative techniques, that have their own tradeoffs). This is okay, but the logistics of this get harder if you want to support distributed blob selection.
Summary: it's manageable, but there's a lot of engineering work to do.
## EOA signatures
Here, the answer is clear: we add native AA (see eips.ethereum.org/EIPS/eip-8… ), so that we get first-class accounts that can use any signature algorithm.
However, to make this work, we also need quantum-resistant signature algorithms to actually be viable. ECDSA signature verification costs 3000 gas. Quantum-resistant signatures are ... much much larger and heavier to verify.
We know of quantum-resistant hash-based signatures that are in the ~200k gas range to verify.
We also know of lattice-based quantum-resistant signatures. Today, these are extremely inefficient to verify. However, there is work on vectorized math precompiles, that let you perform operations (+, *, %, dot product, also NTT / butterfly permutations) that are at the core of lattice math, and also STARKs. This could greatly reduce the gas cost of lattice-based signatures to a similar range, and potentially go even lower.
The long-term fix is protocol-layer recursive signature and proof aggregation, which could reduce these gas overheads to near-zero.
## Proofs
Today, a ZK-SNARK costs ~300-500k gas. A quantum-resistant STARK is more like 10m gas. The latter is unacceptable for privacy protocols, L2s, and other users of proofs.
The solution again is protocol-layer recursive signature and proof aggregation. So let's talk about what this is.
In EIP-8141, transactions have the ability to include a "validation frame", during which signature verifications and similar operations are supposed to happen. Validation frames cannot access the outside world, they can only look at their calldata and return a value, and nothing else can look at their calldata. This is designed so that it's possible to replace any validation frame (and its calldata) with a STARK that verifies it (potentially a single STARK for all the validation frames in a block).
This way, a block could "contain" a thousand validation frames, each of which contains either a 3 kB signature or even a 256 kB proof, but that 3-256 MB (and the computation needed to verify it) would never come onchain. Instead, it would all get replaced by a proof verifying that the computation is correct.
Potentially, this proving does not even need to be done by the block builder. Instead, I envision that it happens at mempool layer: every 500ms, each node could pass along the new valid transactions that it has seen, along with a proof verifying that they are all valid (including having validation frames that match their stated effects). The overhead is static: only one proof per 500ms. Here's a post where I talk about this:
ethresear.ch/t/recursive-sta…
firefly.social/post/farcaste…
Momentum is building in internet-native finance, and our Q4 and full year 2025 results show it.
→ $75.3B USDC in circulation (as of end of period), +72% YoY
→ $11.9T in USDC onchain transaction volume, +247% YoY
→ $770M total revenue and reserve income, +77% YoY
Circle is building the Economic OS for the internet, enabling everything from frictionless cross-border payments to a world of emerging possibilities with agentic AI.
Our platform is at the center of this financial transformation.
Full results at investor.circle.com
JUNE 2028.
The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.
What happened?
citriniresearch.com/p/2028gi…
C retweeted
介绍第一个 vibe coding 项目:ClawFeed——AI 阅读解决信息焦虑
我在 Twitter 上 follow 了 5000 人。
每天花 2 小时刷 feed,重要的还是漏了。
直到我让 Agent 替我读完所有人的推文。
现在每天只花 5 分钟。
这就是 ClawFeed(github.com/kevinho/clawfeed/) 🦞
试过 RSS、Pocket、Newsletter——
全是把信息从一个地方搬到另一个地方。
问题不是信息太多,是筛选成本太高。
每一条"要不要点开"的判断,都在消耗注意力。
ClawFeed 的解法:AI 全量阅读,你只看精华。
每 4 小时:自动生成结构化简报
每天:5000 条 → 20 条精华摘要
标记任意内容 → AI 秒级深度分析
格式:@username + 原话。
不是"业界讨论",是"@karpathy 说了什么"。
跑了 10 天的真实数据:
Before → After:
2 小时刷 feed → 5 分钟看摘要
收藏 500 篇读 5 篇 → 标记后 AI 直接分析
100% 噪声暴露 → AI 过滤 95%
总觉得错过 → 重要的自动浮出来
54 份结构化简报,零漏读。
怎么做的:
零框架依赖——Node.js 原生 HTTP + better-sqlite3。 不到 50MB 内存。
从 v0(Telegram 推 Markdown)→ v0.5(OAuth 多用户 Dashboard),4 个版本迭代。
作为 OpenClaw Skill + Zylos Component 双发布,一行命令安装。
开源:
github.com/kevinho/clawfeed ⭐MIT 协议,clone 就能跑。
在线版:
clawfeed.kevinhe.io无需注册,打开即用。
少刷多知。
Built by @OpenClaw & @ZylosAI
The purpose of crypto is to build a code-based order, because the rules-based order is unfortunately collapsing.
That code-based order covers some of what international law once protected. It guarantees property rights, smart contracts, rule-of-code, privacy, secure voting, and user accounts across borders. Even in the face of debanking and denaturalization, the code-based order means you retain your onchain currency and onchain identity.
It is true that the crypto networks that buttress the code-based order are supported in significant part by finance and lotteries. But all 50 states of the US are also supported by finance and lotteries. The question is whether the world gets something better, on balance, for that cost.
As nationalism and socialism rise, the code-based order ensures that international capitalism continues. Anyone from anywhere has equality of opportunity on the Internet. You can sign a smart contract across borders with someone without knowing (or needing to know) their race, religion, accent, ancestry, or other likely irrelevant attributes.
Similarly, as more companies leave failing states like Delaware and California…the code-based order will protect these corporate refugees. The entities themselves and all their contracts can now be put onchain. They can dock in country X and move to country Y at the press of a button. Redomiciliation becomes as common as incorporation.
Moreover, as the politically disfavored emigrate from communist states, the code-based order also protects their property and identity via cryptography. And, if all goes well, it also adds a layer of unbreakable privacy.
In short: the West is entering a period of failing states just as the East sees the rise of the all-powerful state. The balance to both of these is the code-based order that Satoshi laid the foundations for.
That’s what cryptocurrency was built for. If and when your state fails, or turns against you, the Internet will be there for you.
































